NEWS

Tel-Aviv, 27 September 2016 – Tene Investment Funds III has acquired a 50% stake in Ortal, a leading manufacturer and distributer of high-end fire places. The remaining 50% of the Company is owned equally by the founders Tal and Ilana Gross. Tene's investment in Ortal will support the company's global expansion.

Tel-Aviv, October 29th, 2015 – Tene Growth Capital II, an Israeli PE fund, led the sale of 100% of the shares of Fishman Thermo Technologies to Fortissimo Capital, an Israel-based private equity firm. The transaction was valued at an Enterprise Value of USD $159 million. Tene held a controlling stake in the Company along with Origo Investments, and the Company's founders.

Tel-Aviv, 29 October 2015 - Tene Investment Funds acquired a 40% stake in TIBA LLC, a leading global provider of automated parking systems and software. The remaining 60% of the Company is owned equally by AFCON Holdings, and TIBA's founder Isaac Tavori. Tene's investment in TIBA includes a significant capital infusion to help fund its worldwide growth and expansion.

Tel-Aviv, January 19, 2015 – Tene Investment Funds II, an Israeli PE fund, led the sale of 100% of the shares of SCR to the Allfex Group at a valuation of $250 million (EV). Tene held a controlling stake in the company, along with the company founders.